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The bank specializes in retail banking services. According to the bank, its name is derived from the Indus Valley civilisation. As of December 31, 2023, the bank has 38 million customers, 2,728 branches, and 2,939 ATMs in India. It's an empaneled banker for MCX and part of the NIFTY 50 since April 1, 2013.
CASA ratio stands for current and savings account ratio. CASA ratio of a bank is the ratio of deposits in current, and saving accounts to total deposits. A higher CASA ratio indicates a lower cost of funds, because banks do not usually give any interests on current account deposits and the interest on saving accounts is usually very low 3-4%. [6]
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Kotak Mahindra Bank Limited is an Indian banking and financial services company headquartered in Mumbai. It offers banking products and financial services for corporate and retail customers in the areas of personal finance, investment banking, life insurance, and wealth management. [6] As of December 2023, the bank has 1,869 branches and 3,239 ...
Lakshmi Vilas Bank was founded in 1926 by a group of seven businessmen of Karur under the leadership of V. S. N. Ramalinga Chettiar. Their objective was to cater to the financial needs of people in and around Karur who were occupied in trading businesses, industry and agriculture. The bank was incorporated on 3 November 1926 under the Indian ...
Indian Overseas Bank ( IOB) is an Indian public sector bank based in Chennai. During the nationalisation, IOB was one of the 14 major banks taken over by the government of India. On 5 December 2021, IOB got Degidhan Award 2020–21 by Ministry of Electronics & Information Technology for achieving second highest percentage of digital payment ...
Bandhan Bank Ltd. is a banking and financial services company, headquartered in Kolkata. Bandhan Bank is present in 35 out of 36 states and union territories of India, with 6,297 banking outlets and 3.36 crore customers. [3] [4] Having received the universal banking licence from the Reserve Bank of India, Bandhan Bank started operations on ...
Dhanlaxmi Bank Ltd is an Indian private sector bank headquartered in Thrissur, Kerala. The bank has 261 branches and 282 ATMs/CDMs spread over the states of Kerala, Tamil Nadu , Puducherry , Karnataka , Andhra Pradesh , Telangana , Maharashtra , Gujarat , Delhi , West Bengal , Madhya Pradesh , Punjab , Uttar Pradesh , Rajasthan , Chandigarh ...